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Rupee rises 5 paise to 83.19 against US dollar in early trade
![IndiaTimes]()
Friday, 5 January 2024
The Indian rupee appreciated 5 paise to 83.19 against the US dollar supported by positive domestic equities and foreign fund inflows. However, the Indian currency remained under pressure due to a strong American currency and rising crude oil prices. The dollar index was trading higher at 102.49. Global oil price benchmark Brent crude fell to USD 77.88 per barrel. In the domestic equity market, the BSE Sensex and NSE Nifty were trading higher. Foreign institutional investors were net buyers in the equity market.
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